I have to agree with Sangwa here... Even with juiced up stats and skills, the amount of dodges and blocks will not be that significant, as proved during the very first test run of the Bout. With no armor, regardless of your skill level, you will make damage on the person if you make contact. That being said, there will be a few hits that may be dodge, blocked, or missed, but so what? That's part of the combat system, and has just as much to do with luck as it does with the stats/skills.
If the whole spirit of the event is to make contact, then ignoring the game mechanics seems a bit unfair. I love this event, and I think it's a fantastic way to hone your dueling skills without worrying about being hopelessly out-classed by players with much higher stats or skills then your own. That being said, I enjoyed the first event when it was fought armor-less, and dodged, missed, or blocked hits were treated as actual dodged, missed, or blocked hits, not changed or ignored for the sake of the event. Stick with the game mechanics on this! This event is fantastic, and has a lot of great things going for it, including that it can be done with the game mechanics, without having to worry about being duly unfair.
Just my thoughts on the matter, keep this event up, Boni, I'll see you at the next Bout!